Smith & Wesson Brands Inc (NASDAQ: SWBI) is -1.83% lower on its value in year-to-date trading and has touched a low of $9.68 and a high of $18.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SWBI stock was last observed hovering at around $9.95 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $9.92, the stock is -4.17% and -17.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.4 million and changing -0.30% at the moment leaves the stock -31.12% off its SMA200. SWBI registered -25.53% loss for a year compared to 6-month loss of -29.55%. The firm has a 50-day simple moving average (SMA 50) of $12.076 and a 200-day simple moving average (SMA200) of $14.40155.
The stock witnessed a -8.66% gain in the last 1 month and extending the period to 3 months gives it a -23.16%, and is -1.83% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.80% over the week and 2.91% over the month.
Smith & Wesson Brands Inc (SWBI) has around 1509 employees, a market worth around $436.51M and $512.99M in sales. Current P/E ratio is 12.66 and Fwd P/E is 16.00. Profit margin for the company is 7.02%. Distance from 52-week low is 2.48% and -45.04% from its 52-week high. The company has generated returns on investments over the last 12 months (7.17%).
The EPS is expected to shrink by -56.52% this year
260.0 institutions hold shares in Smith & Wesson Brands Inc (SWBI), with institutional investors hold 61.75% of the company’s shares. The shares outstanding are 44.22M, and float is at 43.10M with Short Float at 5.11%. Institutions hold 60.96% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.2 million shares valued at $60.29 million. The investor’s holdings represent 9.2314 of the SWBI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.5 million shares valued at $50.26 million to account for 7.6958 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.0 million shares representing 6.5949 and valued at over $43.07 million, while RENAISSANCE TECHNOLOGIES LLC holds 6.1435 of the shares totaling 2.8 million with a market value of $40.12 million.
Smith & Wesson Brands Inc (SWBI) Insider Activity
The most recent transaction is an insider sale by SCOTT ROBERT L, the company’s Director. SEC filings show that SCOTT ROBERT L sold 2,000 shares of the company’s common stock on Jul 29 ’24 at a price of $16.07 per share for a total of $32140.0. Following the sale, the insider now owns 67569.0 shares.
Still, SEC filings show that on Jun 28 ’24, SCOTT ROBERT L (Director) disposed off 2,000 shares at an average price of $14.80 for $29600.0. The insider now directly holds 69,569 shares of Smith & Wesson Brands Inc (SWBI).
